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What is a Social Enterprise?

Up and Running

For-Profit Entities: L3Cs, or Low-Profit Limited Liability Company. L3Cs, or Low-Profit Limited Liability Companies, are one form of legal structure in the U.S. An L3C is a variation on an LLC, essentially a hybrid form of a nonprofit and for-profit company. state to adopt this structure in 2010.

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Five signs it’s time to get your business organized

www.greenhornconnect.com

Forming a corporation or limited liability company not only protects founders by limiting personal liability for activities related to the business, it also defines the rights of founders relative to each other and to the business, which is important in case there is ever a falling-out among the founders.

IP 40
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SEC Expands “Accredited Investor” Definition

Scott Edward Walker

C) The person held securities of the same issuer, other than such right, on July 20, 2010. (6) 8) Any entity in which all of the equity owners are accredited investors. The amendments also clarified that that the securities being purchased by an investor relying on the joint net-worth test of Rule 501(a)(5) need not be purchased jointly.